I Fought The Law (And The Law Won), Vol. 3

Rule Breaker Investing

The Motley Fool

Business, Investing

4.4 • 959 Ratings

🗓️ 3 June 2026

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Why do some organizations seem unable to solve the very problems they were created to fix? Why do seemingly rational people end up chasing the wrong goals? And why does one innocent purchase so often lead to five more? In this new volume of RBI’s recurring cerebral series, David explores a handful of memorable laws and principles that help explain how people, businesses, markets, and institutions actually behave… from the sublime to the silly. Some are famous. One is his own. All are useful. Host: David GardnerProducer: Bart Shannon Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I'm breaking rocks in the hot sun. I fought the law and the law won. I fought the law and the law won.
0:08.8	I needed money because I had none. I fought the law and the law won.
0:15.0	The songwriter was Sonny Curtis. The year was 1958. I wasn't around back then to hear it, but then again, in this
0:22.6	century, Rolling Stone put it as number 175 on the 500 greatest songs of all time list. The
0:31.6	crickets recorded it in 1959 as Sonny Curtis took the place of guitar from Buddy Holly, who tragically been lost to a plane crash earlier that year.
0:41.2	Well, speaking of laws, yeah, there are, there are actually two right there, the law of gravity, the law of mortality, two laws.
0:49.4	To me, rules govern many aspects of our lives, but often as is said made to be broken and breaking
0:56.6	rules is of course what we're all about on this podcast breaking rules and investing in business
1:01.8	and in life rules are just rules but laws laws are different laws well at least how i'm framing
1:10.8	things here this week they run deep the
1:13.6	consequences of fighting them not good many of these are natural like the natural law of entropy
1:20.3	that matter over time gravitates to its lowest most disorganized state other laws laws are societal choices. Thou shalt not steal.
1:31.1	Well, this week, I want to bring you a fooler set of laws that apply to investing,
1:35.3	business, and life. Some are sublime. Some are silly. Each will be explained and illustrated.
1:41.7	And the aim, well, that's what the Motley Fool's aim always is to make you
1:45.7	smarter, happier, and richer, one law at a time. Only on this week's Rule Breaker Investing.
1:55.5	It's the Rule Breaker Investing podcast with Motley Full co-founder, David Gardner.
2:07.7	Welcome back to Rule Breaker Investing. Happy June.
2:20.0	On the face of it, laws and rules don't sound like the way that you and I might want to spend our time during, let's say, a 45- jog or cutting the lawn or driving somewhere as many people do as they listen to this podcast. But just as I did with the first
2:25.3	in this episodic series, which was September 1, 2021, I'm going to try to make it fun.
2:32.7	Now, before we get to laws, let's talk briefly about rules. The main
2:36.7	difference between rules and laws, as my Googling revealed earlier today, is the consequences of
	...

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